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Real Estate Services for the Not-For-Profit Organization

Nonprofit entities have unique challenges. We understand the organizational structures and the relationship between leadership and board members. We also understand the financial constraints that many organizations face. As we live under the umbrella of a foundation, we are better acquainted with the day-to-day challenges than the typical real estate service provider.

We have represented many nonprofit tenants in their search for office space or buildings. On transaction, we provide additional services in conjunction with Tom Galvin of Vocon, an architectural firm, blending skill sets of real estate brokerage and architectural and design services to address the unique challenges non-profits face. This strategy helps streamline the process in finding a location that works for volunteers, clients, board members and fits their funding. Our strength is in the knowledge of how to work with design and constructing space to maximize the dollars available.

Nonprofit organizations have special needs when it comes to property and facility management. More nonprofit organizations own rather than rent buildings today. This shift from rent to own has added a new responsibility to nonprofit leaders – property or facility management – a relatively unknown territory.

Playhouse Square Real Estate Services has turned its attention to this important service area because there is a growing need for property and facility management in the nonprofit community. Our team is accustomed to addressing the special needs of the nonprofit community, based on a long-standing relationship with one of Cleveland's most prestigious not-for-profit organizations, Playhouse Square.

As we learn the client's business, we develop a strategic plan to meet the organization's goals and objectives. The Playhouse Square Real Estate Services team establishes professional management procedures and takes advantage of a deep knowledge of local suppliers, services and labor to reduce costs and improve services for clients.

With an eye on the bottom line and keeping limited resources in mind, Playhouse Square Real Estate Services works closely with nonprofit organization leaders to manage their properties and facilities so staff can concentrate on providing the much needed, day-to-day services to those who need them the most – their clients.